At $14.00, we believe Amcor is oversold and investors should begin accumulating the stock.
As volatility picks-up in global markets, defensive yield names will begin to outperform in the next 3 to 6 months.
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Amcor currently trades on a forward yield of 4.5% and the company pays a $0.26 dividend on the 27th of February.
AMCOR
